Alkami Technology (NASDAQ:ALKT – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect Alkami Technology to post earnings of $0.02 per share for the quarter. Alkami Technology has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.
Alkami Technology (NASDAQ:ALKT – Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). The business had revenue of $71.37 million for the quarter, compared to analysts’ expectations of $71.12 million. Alkami Technology had a negative return on equity of 17.00% and a negative net margin of 23.76%. On average, analysts expect Alkami Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Alkami Technology Trading Up 2.5 %
Alkami Technology stock opened at $24.57 on Wednesday. The business has a 50-day simple moving average of $24.29 and a two-hundred day simple moving average of $23.07. Alkami Technology has a 52-week low of $10.93 and a 52-week high of $26.75. The company has a quick ratio of 3.77, a current ratio of 3.77 and a debt-to-equity ratio of 0.06. The company has a market cap of $2.40 billion, a P/E ratio of -37.23 and a beta of 0.40.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Alkami Technology
Insider Activity at Alkami Technology
In other Alkami Technology news, CFO W Bryan Hill sold 50,089 shares of Alkami Technology stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $23.91, for a total value of $1,197,627.99. Following the sale, the chief financial officer now owns 508,501 shares of the company’s stock, valued at approximately $12,158,258.91. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Alkami Technology news, insider Douglas A. Linebarger sold 33,593 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $23.59, for a total transaction of $792,458.87. Following the completion of the transaction, the insider now owns 262,749 shares in the company, valued at $6,198,248.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO W Bryan Hill sold 50,089 shares of Alkami Technology stock in a transaction on Friday, March 8th. The stock was sold at an average price of $23.91, for a total transaction of $1,197,627.99. Following the completion of the transaction, the chief financial officer now directly owns 508,501 shares of the company’s stock, valued at $12,158,258.91. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,734 shares of company stock valued at $2,658,864. Insiders own 25.90% of the company’s stock.
About Alkami Technology
Alkami Technology, Inc offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture.
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